AlphaTheta proposed acquisition of Serato (2023–2024)
deal·proposed acquisition·closed
Proposed purchase of up to 100% of Serato for NZ$100–120 million plus possible earn-outs; New Zealand clearance was declined.
Verified facts
| Official site | https://www.linz.govt.nz/our-work/overseas-investment-regulation/decisions/2023-09/202300399 ↗ |
|---|---|
| Geography | New Zealand / Japan |
| deal type | share_acquisition |
| category fit | music_software_with_machine_learning_stem_separation |
| consideration | maximum: 120000000 · minimum: 100000000 · currency: NZD · qualifier: range_plus_customary_adjustments_and_possible_earnouts · disclosure state: disclosed_by_regulator |
| ownership scope | up to 100% of Serato Audio Research Limited shares |
| transaction state | declined_not_completed |
| regulatory outcome | New Zealand Commerce Commission declined clearance |
History
| proposed acquirer in (by) | AlphaTheta Corporation 2023-07-11 — now |
|---|---|
| proposed acquisition target | Serato 2023-07-11 — now |
Sources & changes
checked 6d ago · highhow verification works
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